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cooperative

, co-operative

a. (of an enterprise, farm, etc.) owned collectively and managed for joint economic benefit

b. (of an economy or economic activity) based on collective ownership and cooperative use of the means of production and distribution

2. a cooperative organization

3. US a block of flats belonging to a corporation in which shares are owned in proportion to the relative value of the flat occupied

Collins Discovery Encyclopedia, 1st edition © HarperCollins Publishers 2005

cooperative

A form of real estate ownership of a multi-unit housing structure by a non-profit corporation which leases portions of the property to its stockholders. The stockholders are part owners of the corporation; they do not own their own apartments. Periodic payments, usually monthly, by stockholders are used to meet costs of ownership, such as mortgage payments, property maintenance, taxes, and repairs. Such shareholding by the tenant allows him to occupy a dwelling unit while not possessing direct title to it.

References in periodicals archive ?

The Co-op plush bunny (PS5) is a delightful and cute way to give a gift this Easter.

EASTER FEASTER! Make it one to remember with Central England Co-operative

* A $1.1 million line of credit for The Ascot Owner, Inc., a 143-unit co-op at 407 Park Avenue South in Manhattan;

NCB issues $40m in co-op loans for month of April

Community & Population Health: Environmental Health (BHSc) Co-op

British Columbia

GETTING FRUITY: Faye Jones is helping to run the Trealaw Food Co-op for the benefit of cash-strapped shoppers in the area PICTURES: Peter Bolter

Co-op's a chink of light in the financial gloom; Community food schemes are taking on the big stores, offering fresh fruit and vegetables at half the price

There are many different kinds of co-ops, including consumer-owned and worker-owned.

Are co-ops the way? Experts say cooperatives enable black communities to build wealth

These risks may be exacerbated when owners are away, especially where condos and co-ops are purchased as seasonal residences.

The big condo boom: the rising surge in condo and co-op ownership gives agents and brokers the chance to fill in coverage gaps

West Central is a farmer-owned operation that's gone far beyond the idea of a local co-op. There are 23 locations throughout Iowa, employing more than 200 people.

West Central co-op's accomplishments, ambition on display

Furthermore, in response to totalitarianism abroad, America re-committed itself to democracy during the 1930s and 1940s, a set of values explicitly promoted by co-op nursery schools both in their organizational structure and their progressive philosophy of early childhood education.

Cooperative motherhood and democratic civic culture in postwar suburbia, 1940-1965

The Winnipeg Film Group (WFG) is celebrating its 25th anniversary on an international front with the screening of its films at the prestigious Galerie Jeu de Paume in Paris, no doubt a tribute to the film co-op's worldwide reputation for eclectic, experimental filmmaking.

Prairie populism: the Winnipeg Film Group's 25th anniversary

-- Significant changes are occurring in the world of co-op advertising, even as old problems retain their hold on the process of enticing manufacturers and retailers to make joint advertising buys.

AD REALM'S LONELY ORPHAN GAINS NEW RESPECT Co-op buys have never been huge, but new ideas and techniques may expand interest